NIFTY Moves Up 446 Points — Tuesday Story — August 31, 2022

Market is closed today on account of Ganesh Chaturthi. Let us talk about yesterday. Only one word to describe the NIFTY up move yesterday — RELENTLESS. It was up and up all day. It would come down 20 points, only to go up another 50 points. By the end of day, 17500, 17600, 17700 all […]

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Monday Mania — NIFTY Down 246 Points — Status Of September Trades — August 30, 2022

Yesterday, NIFTY opened at 17188.65, quickly made a low at 17166.20 and then managed to stay above 17300 for most part of the trading day. The high for the day was 17380.15 which could not be sustained and the final close happened at 17312.90. This was the story of Monday, August 29. How did the […]

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September Trades — Status As On Friday, August 26, 2022

Welcome to Monday morning. What happened in the market on Friday is no longer relevant. What happened after our market hours in the US market is the story likely to unfold today. DJIA was down 3.07% as Jerome Powell warned of further interest hikes to contain inflation. S&P was down 3.37%. How does that translate […]

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Money In The Bank — Performance From November 2019 to August 2022 — 34 Months

Readers of this blog are familiar with the strategy which was named Money In The Bank in November 2019. The first set of trades was taken on November 01, 2019. The strategy has now completed a 34 month journey. Another two months and we shall be analyzing 3 year performance. The strategy had done very […]

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Money In The Bank — August Series Closed — Sunday Story – August 28, 2022

I am posting this on Sunday, August 28. Not sure whether this post will be published or not. In the last few months there have been many technical glitches which made this site not available to readers for prolonged time periods. In this age of instant communication, lost time is very precious. And we have […]

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Options Trading Class on Sunday, August 07, 2022 — Please Confirm Participation

When I had posted about the last about the Options Trading Class, NIFTY was at 17475 after a 1000 point fall in 6 months. Now it is at 17158 after a 1600 point gain since July 01, 2022. Falls and gains are normal in the market. There is no point in talking about them. These […]

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Money In The Bank — August 2022 Series — August 01, 2022

Friday, July 29 was a good day for NIFTY, not very good for BANKNIFTY. BANKNIFTY gain was just 0.3% or 103 points on the day when NIFTY was up 1.35% or 228 points. Out of three stocks in our setup, SBIN was a loser on Friday giving away 0.9%. Somehow, HDFCBANK and ICICIBANK stayed in […]

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August Series Trades — August 01, 2022

On Friday, NIFTY saw another up move of 228 points to take it well past the 17100 mark. Closing was at 17158.25. 15511 of July 01 is just a number which is forgotten by most of the market players. Will the index revisit that level in August? Or will it cross 18000 and then 18600 […]

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